website utilities


Follow us:
+1 64 64 8000 31 (New York, USA)
You are not logged in, you need subscription to view up-to-date forecasts, please Login if you have already subscribed, otherwise please Subscribe
You can still continue browsing delayed forecasts on the sidebar list.
Weekly forecast Cosmos technical chart
Symbol ATOMUSD

Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateAugust 7, 2022 - 11:08
Currentdowntrend
Forecastcontinuation of downtrend

Midterm forecast:

  • 20.200 is a major resistance, while this level is not broken, the Midterm wave will be downtrend.

Technical analysis:

  • There is a divergence in RSI and price between the trough at 8.55 on 2022-05-12 and the trough at 5.470306 on 2022-06-18, the probability of downtrend continuation is decreased and the probability of beginning the correction wave is increased.
  • While the RSI uptrend #1 is not broken, bullish wave in price would continue.
  • A trough is formed in daily chart at 9.640 on 08/03/2022, so more gains to resistance(s) 11.495, 12.500, 14.781 and maximum to Major Resistance (20.200) is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 58.

Symbol Released Current Forecast
Cosmos (ATOMUSD) Sun, 24 Mar 2024
Cosmos (ATOMUSD) Sun, 17 Mar 2024
Cosmos (ATOMUSD) Sun, 10 Mar 2024
Cosmos (ATOMUSD) Sun, 3 Mar 2024
Cosmos (ATOMUSD) Sat, 24 Feb 2024